Federal funding of over $25.5 million through PrairiesCan will advance new technologies, help grow businesses, and create and support over 800 jobs
In and around Calgary, innovative companies are making major contributions to key sectors of Canada's economy-including health, digital technology, clean energy, and manufacturing. The Government of Canada is investing in these businesses to further strengthen the Alberta economy, bring Canadian-made innovation to global markets, and create high-quality jobs Canadian workers can depend on.
Today, the Honourable Dan Vandal, Minister for PrairiesCan, announced a federal investment of more than $25.5 million through the Jobs and Growth Fund for 15 Calgary and area businesses to scale-up and create new opportunities for job seekers.
Examples of projects receiving support include:
- headversity is receiving over $6 million to expand its digital mental health technology platform to support the caregivers of youth facing mental health challenges.
- Kathairos is receiving more than $3.9 million to grow its emission reduction business which helps to eliminate greenhouse gas emissions from oil and gas well sites.
- PurposeMed is receiving over $3.5 million to scale-up operations and extend delivery of complex telehealth solutions to at-risk and underserved communities in Canada.
- Harvest Builders is receiving $3 million to build an online talent platform to grow the tech sector across the Prairies.
In total, the initiatives are expected to help support more than 815 jobs, and assist small- and medium-sized businesses to access the talent, technology, and resources they need to bring Alberta-made innovations to new domestic and global markets.
